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Inflation, recession, and high interest rates are economic events that are best characterized as being a. risks that are beyond the control of investors and

Inflation, recession, and high interest rates are economic events that are best characterized as being a. risks that are beyond the control of investors and thus should not be considered by security analysts or portfolio managers. b. irrelevant except to governmental authorities like the Federal Reserve. c. among the factors that are responsible for market risk. d. systematic risk factors that can be diversified away. e. company-specific risk factors that can be diversified away

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